Highly profitable rented 66 m² commercial space in Porvoo!, Porvoo

Excellent yield for investors – positive cash flow from a ready-rented commercial unit!

For sale is a pre-let 66 m² commercial unit in Porvoo's Kevätkumpu at Lohentie 13, 06150 Porvoo. The unit has a very functional, clear layout and its own entrance, increasing usability and rental appeal. There is also a private WC and a practical kitchenette.

The monthly rent for the unit is €663.90/month VAT. For example, with a notional purchase price of only €30,000, 70% leverage, a 20-year loan and a 2.95% total interest rate, the rental yield is very strong at roughly 15–18%. After expenses the property generates a healthy positive cash flow and a high return on equity. The yield calculation has been prepared to illustrate the unit’s cash flow and earning potential.

Lease

Rent €663.90/month VAT + water charge €30.00/month.

The premises are used by a programming company on a tenancy agreement of indefinite duration.

Loan share

In spring 2025 a balcony renovation was completed: balconies were refurbished and glazed. The capital charge for commercial premises is calculated with a coefficient of 0.5. The company’s accounting aims to record capital charges as income where possible. A capital charge of €1.24 per share unit/month began to be charged for the period 01/10/2025–31/12/2025. Capital charge: from 01/01/2026 €0.62 ≈ €26/month. Capital charge VAT-component: from 01/01/2026 ≈ €6.60/month.

Loan share: €1,185.42 as of 30/11/2025

Interest index and margin: 12‑month Euribor 1.70%, current effective rate 4.199%.

Loan term and end date: 5 years, 31/01/2030

Housing company
Asunto Oy Porvoon Lohentie 13

Type: Apartment building, 6 storeys, 4 lifts

Built: 1980–1981

Address: Lohentie 13, 06150 Porvoo

Buildings: 2

Number of flats: 80

Parking: 12 parking spaces with electrical heating posts and additional outdoor spaces.

Charge: Maintenance charge (incl. VAT): €4.00/m²/month

Capital charge 1 VAT – Balcony renovation and glazing 2025: €1.24 / share unit / month 01/10/2025–31/12/2025

Capital charge 1: from 01/01/2026 €0.62 ≈ €26/month

Capital charge 1 VAT-component: from 01/01/2026 ≈ €6.60/month

The articles of association §6: the capital charge is determined in proportion to the number of shares entitling to possession of the apartments.

Capital charge for commercial premises is calculated with a coefficient of 0.5.

In the company’s accounts capital charges are primarily recorded as income where possible.

Operating costs: Water charge €30.00/person/month

Parking fee/space/month: €10.00

Heating: District heating / water-circulated radiators

Construction and surface materials: Concrete frame, rendered/painted façade

Plot: Own plot, 7,917 m²

Connections: Property connected to cable TV and the housing company network / 10 Mbps

Extensively renovated housing company

Asunto Oy Porvoon Lohentie 13 is an apartment company of 80 flats built on its own plot in the early 1980s. We have competitively procured the company’s services and secured reliable partners for maintenance and property management. For a large, well‑maintained company on its own plot, the maintenance charge is modest at €4.00/m² (incl. VAT). Under the articles of association the capital charge is determined in proportion to the number of shares entitling to possession of the apartments. Capital charge for commercial premises is calculated with a coefficient of 0.5.

The housing company has been renovated actively over the years. During the façade renovation in 2008 windows, balcony doors and the roof covering were renewed. In 2016–2018 a major utilities renovation replaced domestic water pipes and relined sewers. As part of the renovation all bathrooms were refurbished, kitchens, hallways and bedroom fixtures were renewed, new laminate floors installed and walls repainted. In 2024 the lift machinery seals were renewed, brakes refurbished and lift cars refreshed.

Maintenance plan 2025–2029

Estimated upcoming renovation needs

• Repairs to balconies in staircases C–D in 2025

• Balcony glazing 2025–2026

• Spot repairs to façade and plinth render and façade painting 2025–2026

• Cleaning of ventilation ducts and adjustment of airflows 2025

• Inspection/replacement of silicone seals in apartment and common wet rooms 2025

• Inspection/repair of window and balcony door seals and hardware as needed 2025

Past maintenance and alterations

• Heat exchanger replaced 2008

• Façade renovation (additional insulation), windows, balcony doors and roof covering renewed 2008

• Heat exchanger replaced 2008

• Molok waste containers installed 2008

• Staircase surface repairs A–B 2011

• Staircase surface repairs C–D 2012

• Locks renewed (Sento) 2013

• Planning of pipe renovation and apartment repairs 2015–16

• Execution of pipe renovation and apartment-specific works; domestic water pipes replaced and sewers relined. Kitchens, bathrooms and dry-area surfaces in apartments renewed 2016–2018

• Lift machinery seals renewed, brakes refurbished and lift cars refreshed 2024

  
  

Location

The property is located in Porvoo’s green Kevätkumpu residential area, under 3 km from Porvoo town centre. The area offers good basic services such as schools, a daycare, an S-market, numerous parks and a local sports facility in Kevätkumpu.

Porvoo is a charming city of 51,000 inhabitants, located about 50 kilometres from Helsinki — roughly an hour’s drive. Porvoo is investing strongly in business, tourism and sustainable development, which supports demand for commercial premises in the long term.

Ready-rented commercial units with such strong yields are rarely available! The final yield depends on the purchase price, and in this case it can become very high.

Contacts:

Sijoitusasunnot.com Group Oy

Visa Eräjärvi

050 3226974‬

visa.erajarvi@sijoitusasunnot.com